Ladder Capital Operating Expenses Growth & History (LADR)
Ladder Capital's operating expenses was $19.4M for fiscal 2025.
View full Ladder Capital company overviewLadder Capital annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $19.4M | $233,000 | +1.21% |
| 2024 | 2024-12-31 | $19.2M | −$310,000 | −1.59% |
| 2023 | 2023-12-31 | $19.5M | −$1.2M | −5.86% |
| 2022 | 2022-12-31 | $20.7M | $3.0M | +17.22% |
| 2021 | 2021-12-31 | $17.7M | −$2.6M | −12.92% |
| 2020 | 2020-12-31 | $20.3M | −$2.3M | −10.18% |
| 2019 | 2019-12-31 | $22.6M | $899,000 | +4.14% |
| 2018 | 2018-12-31 | $21.7M | $275,000 | +1.28% |
| 2017 | 2017-12-31 | $21.4M | $869,000 | +4.23% |
| 2016 | 2016-12-31 | $20.6M | −$147.6M | −87.78% |
| 2015 | 2015-12-31 | $168.2M | −$5.9M | −3.40% |
| 2014 | 2014-12-31 | $174.1M | $52.6M | +43.31% |
| 2013 | 2013-12-31 | $121.5M | $45.2M | +59.28% |
| 2012 | 2012-12-31 | $76.3M | — | — |
Ladder Capital quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $5.1M | $341,000 | +7.15% |
| Q1 2026 | 2026-03-31 | $5.1M | $578,000 | +12.80% |
| Q4 2025 | 2025-12-31 | $4.9M | $3,000 | +0.06% |
| Q3 2025 | 2025-09-30 | $5.3M | $768,000 | +17.04% |
| Q2 2025 | 2025-06-30 | $4.8M | −$411,000 | −7.94% |
| Q1 2025 | 2025-03-31 | $4.5M | −$127,000 | −2.74% |
| Q4 2024 | 2024-12-31 | $4.9M | $379,000 | +8.45% |
| Q3 2024 | 2024-09-30 | $4.5M | −$267,000 | −5.59% |
| Q2 2024 | 2024-06-30 | $5.2M | $191,000 | +3.83% |
| Q1 2024 | 2024-03-31 | $4.6M | −$613,000 | −11.66% |
| Q4 2023 | 2023-12-31 | $4.5M | −$929,000 | −17.16% |
| Q3 2023 | 2023-09-30 | $4.8M | −$368,000 | −7.16% |
| Q2 2023 | 2023-06-30 | $5.0M | $336,000 | +7.22% |
| Q1 2023 | 2023-03-31 | $5.3M | −$252,000 | −4.58% |
| Q4 2022 | 2022-12-31 | $5.4M | $617,000 | +12.86% |
| Q3 2022 | 2022-09-30 | $5.1M | $725,000 | +16.41% |
| Q2 2022 | 2022-06-30 | $4.7M | $435,000 | +10.32% |
| Q1 2022 | 2022-03-31 | $5.5M | $1.3M | +29.88% |
| Q4 2021 | 2021-12-31 | $4.8M | −$148.5M | −96.87% |
| Q3 2021 | 2021-09-30 | $4.4M | −$27.7M | −86.26% |
| Q2 2021 | 2021-06-30 | $4.2M | −$26.8M | −86.42% |
| Q1 2021 | 2021-03-31 | $4.2M | −$38.0M | −89.95% |
| Q4 2020 | 2020-12-31 | $153.3M | — | — |
| Q3 2020 | 2020-09-30 | $32.1M | −$4.8M | −13.08% |
| Q2 2020 | 2020-06-30 | $31.1M | −$7.0M | −18.43% |
| Q1 2020 | 2020-03-31 | $42.2M | −$4.2M | −9.01% |
| Q3 2019 | 2019-09-30 | $37.0M | −$3.1M | −7.84% |
| Q2 2019 | 2019-06-30 | $38.1M | −$684,000 | −1.77% |
| Q1 2019 | 2019-03-31 | $46.4M | $3.3M | +7.57% |
| Q3 2018 | 2018-09-30 | $40.1M | $892,000 | +2.27% |
| Q2 2018 | 2018-06-30 | $38.8M | −$1.4M | −3.41% |
| Q1 2018 | 2018-03-31 | $43.1M | $4.9M | +12.72% |
| Q3 2017 | 2017-09-30 | $39.2M | −$1.4M | −3.38% |
| Q2 2017 | 2017-06-30 | $40.1M | $2.7M | +7.26% |
| Q1 2017 | 2017-03-31 | $38.3M | $3.1M | +8.81% |
| Q3 2016 | 2016-09-30 | $40.6M | −$1.6M | −3.89% |
| Q2 2016 | 2016-06-30 | $37.4M | −$6.8M | −15.33% |
| Q1 2016 | 2016-03-31 | $35.2M | −$8.2M | −18.94% |
| Q4 2015 | 2015-12-31 | $38.3M | −$9.7M | −20.19% |
| Q3 2015 | 2015-09-30 | $42.3M | $53,000 | +0.13% |
| Q2 2015 | 2015-06-30 | $44.2M | −$1.1M | −2.38% |
| Q1 2015 | 2015-03-31 | $43.4M | $4.8M | +12.45% |
| Q4 2014 | 2014-12-31 | $48.0M | $14.5M | +43.30% |
| Q3 2014 | 2014-09-30 | $42.2M | $11.6M | +37.92% |
| Q2 2014 | 2014-06-30 | $45.3M | $17.3M | +61.92% |
| Q1 2014 | 2014-03-31 | $38.6M | $9.2M | +31.24% |
| Q4 2013 | 2013-12-31 | $33.5M | — | — |
| Q3 2013 | 2013-09-30 | $30.6M | — | — |
| Q2 2013 | 2013-06-30 | $28.0M | — | — |
| Q1 2013 | 2013-03-31 | $29.4M | — | — |
Ladder Capital operating expenses trends
Over the last five fiscal years, Ladder Capital's operating expenses decreased from $20.3M to $19.4M, a change of −$868,000. The latest reported quarter, Q2 2026, shows $5.1M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Ladder Capital source filings ↗